News

The refurbished mill at the Jacobina mine is getting 97% recovery from ore in early production.

Jacobina returns to production by going big

Jacobina, Brazil — In the Candombl beliefs of Bahia, the goddess Nan represents both death and rebirth. It’s unlikely she handled the fate of the Jacobina mine personally, since Jacobina’s rebirth,…


Lonmin funds exploration at Union Bay

Vancouver — The world’s third-largest producer of platinum group metals will fund a third season of exploration at the Union Bay platinum project, 35 miles north of Ketchikan, Alaska….


SilverCrest loses appeal in Honduras

Vancouver — SilverCrest Mines (SVL-V) has lost an appeal to reverse the cancellation of the El Ingenio exploration concession in Honduras, though the company still hopes to recoup…



Spot Prices Tuesday May 17, 2005 Courtesy of Scotiabank

Precious Metals Price (US$/oz.) Change
Gold $420.35 -6.55
Silver $697 -0.09
Platinum

IFC, IDC fund Kolwezi

Vancouver — The wheels of mine development turn slowly in the Democratic Republic of Congo (DRC), though Adastra Minerals (AAA-T) is showing progress in reviving the Kolwezi tailin…


Surigao holds potential for Panoro

Vancouver — An independent consultant has confirmed that the Surigao project in the Philippines has potential for porphyry-style copper and gold mineralization….


Kyle surrenders stones

A 48-kg sample of diatreme breccia from the Kyle project in northern Ontario has been found to contain 26 diamonds. Metalex Ventures (MTX-V) has a 91.5% stake in the project, with t…


Fipke’s Cantex hits sulphides in Yemen

Vancouver — Cantex Mine Development (CD-V) has intersected encouraging values of disseminated sulphides at its Suwar nickel-copper-cobalt project in Yemen….



Canyon looks at Hycroft

Vancouver — With the Briggs mine eking out its last remaining ounces of gold, Canyon Resources (CAU-A) has begun a due-diligence review of the dormant Hycroft mine, near Winnemucca…



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